Investment For Tax Rebate April 17, 2017 Business, TAX No Comments Amount of allowable investment is – actual investment or 30% of total (taxable) income or Tk. 1,50,00,000/- whichever is less. Tax rebate amounts to 15% of allowable investment. The source are : Life insurance premium up to 10% of the face value. Contribution to Provident Fund to which Provident Fund Act, 1925 applies. Self contribution and employer’s contribution to Recognized Provident Fund. Contribution to Superannuation Fund. Contribution up to TK 60,000 to deposit pension scheme sponsored by any scheduled bank or a financial institution. Investment in approved debenture or debenture stock, Stocks or Shares. Contribution to Benevolent Fund and Group Insurance premium. Contribution to Zakat Fund. Donation to charitable hospital approved by National Board of Revenue. Donation to philanthropic or educational institution approved by the Government. Donation to socio-economic or cultural development institution established in Bangladesh by Aga Khan Development Network. Donation to ICDDRB. Donation to philanthropic institution-CRP, Savar, Dhaka. Donation up to tk. 5 lac to (1) Shishu Swasthya Foundation Hospital, Mirpur, Shishu Hospital, Jessore and Hospital for Sick Children, Sathkhira run by Shishu Swasthya Foundation, Dhaka. (2) Diganta Memorial Cancer Hospital, Dhaka. (3) The ENT and Head-Neck Cancer Foundation of Bangladesh, Dhaka and (4) Jatiya Protibandhi Unnayan Foundation, Mirpur, Dhaka. Donation to Dhaka Ahsania Mission Cancer Hospital. Donation to Sylhet Diabetic Samity, Islamia Eye Hospital and MA Ispahani Institute of Opthalmology, Kidney Foundation and National Heart Foundation of Bangladesh. Donation to Asiatic Society of Bangladesh. Donation to Muktijodha Jadughar. Donation to National level institution set up in memory of liberation war. Donation to National level institution set up in memory of Father of the Nation. Any investment by an individual in savings certificate and Bangladesh Government Treasury Bond. Investment in purchase of one computer or one laptop by an individual assessee. Facebook Twitter Google+ Pinterest LinkedIn Eicrasoft About us and this blogWe are a digital marketing company with a focus on helping our customers achieve great results across several key areas. Learn more about us Request a free quote We offer professional SEO services that help websites increase their organic search score drastically in order to compete for the highest rankings even when it comes to highly competitive keywords. Contact now Subscribe to our newsletter! If you are a human and are seeing this field, please leave it blank. Fields marked with an * are required HR Payroll ServicesPayroll Outsourcing Services Human Resource Management Payroll Processing Solutions HR Payroll Management Service More from our blog See all posts Labour Wages Reform Employment law in Bangladesh is governed by the Labour Act, 2006 (“Act”)… Continue reading Tax returns and compliance For Residents After 30th June of every year within 30 September of… Continue reading Prev. Post All Posts Next Post No Comments Leave a Comment cancelYou must be logged in to post a comment.